Gear Up: Trends and Growth Drivers in the North America Sporting Goods Market
North America Sporting Goods Market The North America sporting goods market size is expected to reach USD 267,645.1 million in 2030 and is expected to grow at a CAGR of 8.7% from 2023 to 2030, according to a report by Grand View Research, Inc. In addition, the growing popularity of national and international sports events, such as the Soccer World Cup, Olympic Games, and Cricket World Cup, is further contributing to the growth of the sporting goods market in North America. Participation of women in sports has witnessed a tremendous increase in North American countries over the past few years. According to the new State of the Industry Report from the Sports & Fitness Industry Association and Sports Marketing Surveys USA, 232.6 million Americans took part in sports and fitness activities in 2021, the most since 2016. The increasing awareness about the benefits of a healthy lifestyle and the importance of sports and fitness activities is stimulating the deman...